
SAP FICO (Finance and Controlling)
Self-paced videos, Lifetime access, Study material, Certification prep, Technical support, Course Completion Certificate
Summary
- Reed courses certificate of completion - Free
- Uplatz Certificate of Completion - Free
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Overview
Uplatz offers comprehensive training on SAP FICO module. This is a video-based online course (self-paced training). You will be awarded Course Completion Certificate at the end of the course.
SAP FICO stands for FI (Financial Accounting) and CO (Controlling/Management Accounting).
SAP FICO is a critical module of SAP ERP Business Suite. Functionally, both FI and CO modules store the financial related transactions/information. FI and CO modules are firmly integrated with other ERP modules such as Sales and Distribution (SD), Material Management, Human Resources Management, and so on.
Uplatz offers comprehensive SAP FICO training with focus on imparting necessary skills for becoming a successful FICO consultant or power user. This course will also help you switch to a high-paying job. SAP FICO transactions and exercises are intended for SAP beginners and SAP experts, with the goal that they can execute and configure the SAP FI/CO ERP modules. Our hands-on instructor-led SAP FICO Training will prepare you for the SAP job market and as well as equipped you with all the necessary training/assistance that is needed or required for you to pass the SAP FI/CO certification examination.
SAP FICO Course Objectives
- Bridging the gap between academics and industry.
- Improve your employability by fulfilling industry skill requirements to suit ever-changing company needs.
- Understand the SAP FICO module's end-to-end deployment in any organisation.
- Configure global and enterprise structure configurations.
- Configure the General Ledger, Accounts Payable, Accounts Receivable, and Asset Accounting.
- Possess the ability to pass the SAP FICO Certification exam.
- Work as an SAP FICO Consultant.
Certificates
Reed courses certificate of completion
Digital certificate - Included
Will be downloadable when all lectures have been completed
Uplatz Certificate of Completion
Digital certificate - Included
Course Completion Certificate by Uplatz
Curriculum
Course media
Description
SAP FICO Course Curriculum
Introduction
- Introduction to ERP
- Introduction to SAP
Part 1: Enterprise Structure
- Definition of company
- Definition of company code
- Assignment of company to company code
- Definition of business area
Part 2: Financial Accounting Basic Settings
- Definition of fiscal year variant
- Assignment of fiscal year variant to company code
- Definition of posting period variant
- Assignment of posting period variant to company code
- Open and close posting period
- Maintenance of field status variants
- Assignment of field status variant to company code
- Creation of chart of Accounts
- Defining Accounts Groups
- Defining Retained Earnings Account
- Definition of tolerance groups for GL accounts
- Definition of tolerance groups for employees
- Assignment of tolerance groups to users
- Taxes on Sales & Purchases (input & output)
- Defining document type & number ranges
Part 3: General Ledger Accounting
- Creation of General Ledger Master
- Display/Change/Block/Unblock of general ledger master
- Document Entry posting normal postings and posting with reference
- Display and change of documents
- Display of GL balances
- Display GL account line items
- Parked documents
- Hold documents
- Creation of Sample Document postings with sample documents
- Reversal of individual documents, mass reversal and reversal of reversed document
- Month End Provisions –
- Open item Management – Full clearing, Partial Clearing and Residual Clearing
- Accrual and Deferral documents
- Interest calculations on term loans
Part 4: Accounts Payable
- Creation of vendor account groups
- Creation of number ranges for vendor master records
- Assignment of number ranges to vendor account groups
- Creation of tolerance group for vendors
- Creation of vendor master (display/change/block/unblock of vendor master)
- Posting of vendor transactions (invoice posting, payment posting, credit memo)
- Display Vendor balances and G/L Balances
- Configuration Settings for advance payments to Vendors (down payment)
- Clearing of down payment against invoices (special GL transactions)
- Posting of partial Payment & Residual Payment
- Creation of payment terms,
- Creation of house banks and account ids.
- Creation of check lots and Creation of void reasons
- Maintenance of check register
- Display check register
- Cancellation of unissued checks
- Cancellation of issued checks
- Posting of purchase returns
- BRS
- Configuration of automatic payment program
- Defining correspondence & party statement of accounts
Part 5: Accounts Receivable
- Creation of customer account groups
- Creation of number ranges for customer master records
- Assignment of number ranges for customer account groups
- Creation of tolerance group for customers
- Creation of customer master (display/change/block/unblock of vendor master)
- Posting of customer transactions (sales invoice posting, payment posting, debit memo)
- Display customer balances and G/L Balances
- Configuration Settings for advance payment from customers (down payment)
- Configuration settings for terms of payment to customers
- Configuration of settings for dunning
- Generating the dunning letters
- Defining correspondence and party statement of accounts
- Bills of exchange
- Posting of sales returns
- When the vendor and customer both are same
- A. without terms of payment
- B. with common terms of payment
Part 6: Asset Accounting
- Copy reference chart of depreciation
- Assignment of chart of depreciation to company code
- Creation of 0% tax codes for sales and purchases
- Defining account determination
- Definition of screen lay out rules
- Definition of number ranges for asset master
- Creation of asset classes
- Integration with General Ledger & Posting rules
- Defining Depreciation key
- Definition of multilevel methods
- Definition of period control methods
- Creation of main asset master records
- Creation of sub asset master records
- posting the transactions for Acquisition of fixed assets
- Depreciation run and Asset explorer
- Sale of fixed assets – with customer and without customer
- Transfer of assets
- Impairment of assets
- Scrapping of assets,
- Line item Settlement of assets under construction of capital work in progress
Part 7: Controlling
- Basic settings for controlling
- Defining Controlling Area
- Defining Number ranges for Controlling Area
- Maintain Planning Versions
Cost Element Accounting:
- Creation of primary cost elements from financial accounting area
- Creation of primary cost elements from controlling area
- Display of cost element master records
- Change cost element master records
- Primary cost element categories
- Secondary cost element categories
Cost Center Accounting:
- Defining Cost Center Standard Hierarchy
- Creation of Cost Centers and cost center groups
- Display cost center master records
- Change cost center master records
- Creation of cost center groups
- Posting to cost centers
- Reposting of co line items
- Repost of Costs
- Planning for cost centers
- Cost center reports
Internal orders:
- Define field status group for statistical orders
- Creation of Primary cost element
- Creation of internal order master records for statistical orders
- Display internal order master records
- Change internal order master records
- Postings to internal orders
- Planning for internal orders
- Report of Variance analysis for internal orders
Real orders:
- Creation of real internal orders
- Posting of business transaction to real orders
- Definition of allocation structures
- Definition of settlement profiles
- Definition of planning profiles
- Define number ranges for Settlement documents of real internal orders
- Define number ranges for controlling documents.
- Budgeting and availability control
- Maintain number ranges for budgeting
- Define tolerances for availability control
- Specification of exempt cost elements from availability control
- Maintenance of budget manager
Who is this course for?
- Accountants and CAs
- ACCA/AAT/CIMA Professionals
- SAP FICO Consultants and Managers
- SAP FI End Users
- Project Managers and Business Executives
- Professionals aspiring to excel in the fields of accounting and finance
- Business Analysts and Consultants
- Analytics Professionals
- Business Process Architects and Owners
- Data Analysts
- BI and Reporting Professionals
- Aspiring SAP Consultants
Requirements
Passion and determination to achieve your goals!
Career path
- SAP FICO Consultant
- SAP FICO Lead/Manager
- SAP FICO Specialist
- Systems Accountant SAP
- Principal FICO Consultant S/4HANA
- SAP Demand Manager (FICO)
- SAP Finance Business Analyst
- Solutions Architect - SAP FICO
- SAP Finance Consultant
- SAP FICO-Techno Functional Business Analyst
- SAP FICO Architect
- SAP FI Super User
- SAP FICO Career Track
- Financial Analyst
- Finance Director
- Chartered Accountant
Questions and answers
Hi, If it's not and exam as I have read on previous questions. Do we still having a certificate once we finish the self palce course? Thanks
Answer:Yes, We'll provide you with a course completion certificate once you complete all your module.
This was helpful.Hi, I am interested in the SAP FICO training, I just wanted to confirm if one will have access SAP system as during the training. Regards Hugo
Answer:Hi Hugo The system access is available for free for the duration of the course with the live instructor-led course. The course title is: SAP FICO (Finance and Controlling) Instructor-led Training The system access is not available with self-paced video course. However, it can be purchased separately. Just search for either of these: SAP Server (ECC) access for practice - 1 month SAP Server (ECC) access for practice - 3 months SAP Server (ECC) access for practice - 6 months Team Uplatz
This was helpful.So course +sap access the cost will be 30 pound
Answer:Hi Shaima It will be £10 course price + £30 for 1 month of server access Indu Uplatz
This was helpful.
Reviews
Provider
Uplatz is leading global provider of IT & Technology training.
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Will I get a Certificate of Course Completion?
Course Completion Certificate is awarded by Uplatz
What are your top courses?
- Data Science
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- SAP modules such as S/4HANA Finance, EWM, TRM, FICO, BPC, HCM, WM, MM, PP, PM, QM, SD, TRM, SuccessFactors, UI5 and Fiori, S/4HANA Logistics, TM, etc.
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Will I be provided study material, tutor notes and practice assignments?
Uplatz provides tutor notes, practice assignments, practice sessions, and a lot of useful study material for free. This will help you in job interviews and certification exams.
In case of tutor-led online training, will I have access to the recorded sessions?
Yes. All live classes get recorded and life-time access on the recordings is provided.
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Just contact us for a customized quote, your preferable timings, your affordability, and we'll work out the best course for you that will provide you not only a great return on investment but also to help you get a job with a premium salary. We'll also get you prepared for the certification exams.
Legal information
This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.